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Best place to invest/save £9000

Hi,
What/where is the best place to invest £9000 which I do not need access to for at least a year (possibly several years)

Any ideas suggestions considered.

Cheers "M"

Comments

  • TomsMom
    TomsMom Posts: 4,251 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    If you haven't already done so this year, put £3,600 into an ISA.

    For the rest there are several fixed rate bonds, you should be able to get around 7% gross on a 1 year bond or ICICI have a 1 year fixed rate account paying up to 7.2% AER
  • can you only have one ISA and where do I get one from?


    Also is there a part of this site that shows you've where you have posted because I've lost track?...:mad:
  • isofa
    isofa Posts: 6,091 Forumite
    You can only open one cash ISA a year with a max of £3600, but you can also open a S+S ISA, see the Full ISA Guide.

    Click on your username to show what you've posted, or use the search.

    Best rated accounts (everything from ISAs to fixed rate savings) listed here at Moneyfacts. If you don't need access for a year, look at a top rated 1 year fixed term account, you'll get the best rate, but remember there will be no access, or if it is allowed before the term ends, there will be a penalty.
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